HM Payson & Co. Decreases Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

HM Payson & Co. trimmed its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 3.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,289 shares of the exchange traded fund’s stock after selling 172 shares during the period. HM Payson & Co.’s holdings in Vanguard Real Estate ETF were worth $382,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of VNQ. Godsey & Gibb Inc. purchased a new stake in shares of Vanguard Real Estate ETF in the 4th quarter worth $26,000. Decker Retirement Planning Inc. purchased a new stake in shares of Vanguard Real Estate ETF in the 4th quarter worth $26,000. Howard Capital Management Group LLC purchased a new stake in shares of Vanguard Real Estate ETF in the 4th quarter worth $26,000. CKW Financial Group purchased a new stake in shares of Vanguard Real Estate ETF in the 4th quarter worth $27,000. Finally, Laurel Wealth Advisors LLC increased its stake in shares of Vanguard Real Estate ETF by 73.1% in the 4th quarter. Laurel Wealth Advisors LLC now owns 386 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 163 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ stock opened at $92.42 on Monday. Vanguard Real Estate ETF has a 52-week low of $78.27 and a 52-week high of $99.58. The firm has a market capitalization of $100.74 billion, a PE ratio of 34.84 and a beta of 1.07. The stock has a fifty day simple moving average of $90.66 and a two-hundred day simple moving average of $93.61.

About Vanguard Real Estate ETF

Vanguard REIT ETF (the Fund) is an open-end investment company. The Fund invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. It tracks the return of the MSCI US RIT Index, a gauge of real estate stocks. The Vanguard Group, Inc provides investment advisory services to the Fund.